Evaluating Machine Learning models when dealing with imbalanced classes
In this blog post I talk through an example of how to pick the best model when you deal with these kind of problems. I also touch the subject of cost-sensitive predictions, introducing some code to generate plots that will help you understand your model in cost fashion. Even more important, it will be essential for grasping the full business impact when moving to a data driven world!
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Evaluating Machine Learning models when dealing with imbalanced classes – Developing Analytics Solutions with the Data Insights Global Practice – Site Home – MSDN Blogs
Sander Timmer, PhD. In real-world Machine Learning scenarios, especially those driven by IoT that are constantly generating data, a common problem is having an imbalanced dataset. This means, we have far more data representing one outcome class than the other. For example, when doing predictive …
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